88260 Zip Code

April 24, 2024

Zip Code:	88260
City/Town:	Lovington
State:	New Mexico

Population:	14,343
Per Capita Income:	$16,352
Mean Household Income:	$47,045

Total Housing Units:	4,735
Median Home Value:	$48,800
Median Year Homes Built:	1966

Land Area:	755.9 sq miles 1,957.8 sq kilometers
Water Area:	1.3 sq miles 3.4 sq kilometers

Population Information (88260 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

14,343

Male:

7,200

50.2%

49.2%

Female:

7,143

49.8%

50.8%

Median Age:

31.1 yrs

37.2 yrs

Under 5 years:

1,353

9.4%

6.5%

5 to 9 years:

1,239

8.1%

6.6%

10 to 19 years:

2,263

15.8%

13.8%

20 to 29 years:

2,077

14.5%

13.8%

30 to 39 years:

1,880

13.1%

13.0%

40 to 49 years:

1,636

11.4%

14.2%

50 to 59 years:

1,644

11.5%

13.6%

60 to 69 years:

1,091

7.6%

9.4%

70 to 79 years:

717

5.0%

5.4%

80 years and over:

443

3.1%

3.7%

Housing Information (88260 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$48,800

$119,600

Median year homes build:

1966

1971

Median real estate taxes:

$266 / yr.

$1,334 / yr.

Median rent:

$293 / mo.

$519 / mo.

Total households:

4,735

Family households:

3,645

77.0%

66.4%

Nonfamily households:

1,090

23.0%

33.6%

Households with individuals under 18 years:

2,141

45.2%

33.4%

Households with individuals 65 years and over:

1,176

24.8%

24.9%

Average household size:

3.0

Average family size:

3.4

Total housing units:

5,244

Occupied housing units:

4,735

90.3%

88.6%

Vacant housing units:

509

9.7%

11.4%

For rent:

1.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

0.7%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

333

6.4%

2.8%

Homeowner vacancy rate:

1.0%

2.4%

Rental vacancy rate:

6.9%

9.2%

Owner-occupied housing units:

3,503

Population in owner-occupied housing units:

10,401

Average household size of owner-occupied units:

3.0

2.65

Renter-occupied housing units:

1,232

Population in renter-occupied housing units:

3,613

Average household size of renter-occupied units:

2.9

2.44

Educational Attainment (88260 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

7,373

Less than 9th grade:

1,455

19.7%

6.2%

9th to 12th grade, no diploma:

1,356

18.4%

8.7%

High school graduate (includes equivalency):

1,846

25.0%

29.0%

Some college, no degree:

1,523

20.7%

20.6%

Associate degree:

396

5.4%

7.5%

Bachelor's degree:

497

6.7%

17.6%

Graduate or professional degree:

300

4.1%

10.3%

Percent high school graduate or higher:

61.9%

85.0%

Percent bachelor's degree or higher:

10.8%

27.9%

Income Information (88260 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

4,185

29.2%

50.4%

Median income:

$21,573 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,925

13.4%

59.7%

Median income:

$31,077 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,333

23.2%

49.6%

Median income:

$9,802 / yr.

$16,327 / yr.

Full-time, year-round workers:

826

5.8%

40.3%

Median income:

$20,734 / yr.

$28,135 / yr.

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